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20100916
20100916
Search Results 0 to 2 of about 3 (some duplicates have been removed)
of work, dean reynolds tells us it's all about the economy. >> reporter: the economy remains the number-one problem to most americans and only one in five thinks it's improving. >> no, it's not being fixed. it's being smoothed over to make it look good, to make it look like people are filling jobs. >> we're kind of stalled right now. we need to move in some direction. >> reporter: other sobering findings for the white house: only 38% think the president has a clear plan for creating jobs and some 46% think the obama stimulus package has had no impact. 20% think it made matters worse. but 63% say mr. obama is doing about as well as they expected. >> it's too soon to make any final assessment of his presidency. i think he will be better and better as time passes. >> reporter: actually, the country still blames the bush administration for the condition of the economy followed by wall street. and only 27% believe congressional republicans are doing more to improve things. compared to 49% who say that about the president. sam greco is a retired chicago detective. do you think the republicans
. but before you feel completely deflated by this latest news, anthony mason tells us there are at least some signs of a turnaround, at least on the home front. >> reporter: in los angeles, so many of the 27,000 foreclosed houses have fallen into disrepair. >> we felt we needed to do something about it. >> reporter: today the city raised fines on banks that don't keep up their properties. >> it's $1,000 per day, per violation. and they can take up to $100,000 per property. >> reporter: with more than five million people behind on their mortgage payments, bank repossessions have hit record levels. >> we're on a pace right now to see about 1.2 million homes repossessed by the end of the year. that's simile unprecedented in the history of the housing market. >> reporter: the banks have taken possession of about 900,000 homes, only about a third of which are actually on the market. >> the banks could be flooding the market with a lot more distressed properties, and i think the fact that they're not is showing some restraint in trying to keep the housing market stable. >> reporter: americans are g
Search Results 0 to 2 of about 3 (some duplicates have been removed)